This property presents an opportunity to renovate and create a home that fits your vision. Surrounded by rock walls, the property features a single-level main home, flexible living spaces, generous parking, mature fruit trees, multiple storage areas, a large private patio, and even room for a boat.
The single-level main home features 2 bedrooms and 2 bathrooms, a spacious dining area, large fireplace, and a flexible living space with an oversized sliding door that opens to a private patio, creating an easy connection between indoor and outdoor living. The covered lanai adds another inviting place to relax, dine, or enjoy the small ocean view.
A detached guest studio adds valuable flexibility with a loft, kitchenette, and full bathroom, creating a private and versatile space for visiting guests, extended family, a home office, or additional living space.
Conveniently located close to town, this property offers separate guest quarters, ample parking, generous outdoor space, and a versatile single-level floor plan, creating plenty of potential for multi-generational living or for a buyer ready to renovate and make it their own.
For sale
$755,000
74-5057 Palani Rd, Kailua Kona, HI 96740
3beds
1,473sqft
Single Family Residence
Built in 1962
8,325 Square Feet Lot
$-- Zestimate®
$513/sqft
$-- HOA
What's special
Small ocean viewCovered lanaiLarge fireplaceSeparate guest quartersRoom for a boatSurrounded by rock wallsSingle-level main home
- 48 days
- 1,688
- 92
Zillow last checked:
Listing updated:
Listed by:
Leeana Runningbear 8087855581,
Hawaii Life,
Edward L Barry 808-960-1212,
Hawaii Life
Source: Hawaii Information Service,MLS#: 732709
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- None
Cooling
- None
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- Has fireplace: Yes
- Fireplace features: Wood Burning
- Common walls with other units/homes: No Unit Above or Below
Interior area
- Total structure area: 1,473
- Total interior livable area: 1,473 sqft
Property
Parking
- Parking features: Attached, Covered
Features
- Levels: One
- Has view: Yes
- View description: Ocean Horizon
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 8,325 Square Feet
- Features: Dead End
Details
- Parcel number: 3740090640000
- Zoning: RS-10
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Cesspool
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Subdivision: KAILUA HEIGHTS SUBDIVISION
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $513/sqft
- Tax assessed value: $614,600
- Annual tax amount: $6,822
- Date on market: 8/19/2026
- Listing terms: Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$4,351/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $755,000+75.6%$513/sqft |
Source: | ||
| 8/9/2018 | Sold | $430,000-2.1%$292/sqft |
Source: | ||
| 4/26/2018 | Pending sale | $439,000$298/sqft |
Source: Windermere/ C and H Properties #615749 Report a problem | ||
| 3/9/2018 | Listed for sale | $439,000+15.5%$298/sqft |
Source: Windermere/C and H LLC dba Windermere/C and H Properties #615749 Report a problem | ||
| 8/24/2016 | Sold | $380,000-3.8%$258/sqft |
Source: | ||
| 6/25/2016 | Listed for sale | $395,000+203.8%$268/sqft |
Source: Mauna Kea Realty #296766 Report a problem | ||
| 12/1/2015 | Sold | $130,000-62.8%$88/sqft |
Source: Public Record Report a problem | ||
| 10/6/2004 | Sold | $349,000$237/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,822 +7.1% | $614,600 +7.1% |
| 2024 | $6,369 +53.1% | $573,800 +53.1% |
| 2023 | $4,161 +6.7% | $374,900 +6.7% |
| 2022 | $3,899 +17.3% | $351,300 +17.3% |
| 2021 | $3,323 +3.9% | $299,400 +3.9% |
| 2020 | $3,200 | $288,300 +6% |
| 2019 | -- | $272,000 +16.5% |
| 2018 | $2,526 +27.9% | $233,400 +2.5% |
| 2017 | $1,975 | $227,600 +15.8% |
| 2016 | -- | $196,500 +16% |
| 2015 | -- | $169,400 -1.1% |
| 2014 | -- | $171,200 +0.4% |
| 2013 | -- | $170,500 -1.4% |
| 2012 | -- | $173,000 +1.2% |
| 2011 | -- | $170,900 -17.3% |
| 2010 | -- | $206,700 -16.9% |
| 2009 | -- | $248,600 -6.4% |
| 2008 | -- | $265,500 +14.7% |
| 2007 | -- | $231,400 +0.6% |
| 2006 | -- | $230,000 |
Find assessor info on the county website
Monthly payment
Est. payment




